LAB – FAB – APP — Investing in the European future we want
The report, entitled LAB – FAB – APP: Investing in the European future we want highlights that in the last twenty years, two thirds of economic growth in industrialised countries is attributed to research and innovation. Its recommendations focus on maximising the impact of EU investments in research and innovation in order to increase prosperity and solve our biggest societal challenges.
Document
The Group proposes eleven recommendations:
- Prioritise research and innovation in EU and national budgets, including a doubling of the budget of the post-2020 EU research and innovation programme
- Build a true EU innovation policy that creates future markets
- Educate for the future and invest in people who will make the change
- Design the EU R&I programme for greater impact
- Adopt a mission-oriented, impact-focused approach to address global challenges
- Rationalise the EU funding landscape and achieve synergy with structural funds
- Simplify further, privilege impact over process
- Mobilise and involve citizens
- Better align EU and national R&I investment
- Make international R&I cooperation a trademark of EU research and innovation
- Capture and better communicate impact